There is no wrong time to invest your money.
(Illustration: Stephan Schmitz)
Dusseldorf If individual stocks are too risky for you, but who still want to take advantage of the long-term advantages of stocks, it is best to buy entire stock indices. So-called Exchange Traded Funds (ETFs) reflect the Dax, S&P 500 and all other important stock exchanges in the world.
The acquisition and subsequent administration costs are significantly cheaper than with actively managed funds. These, in turn, only very rarely manage to beat indices in the long term.
Savings plans are particularly suitable for this. Starting time is always good. Investors should by no means wait for lower prices or even a crash before starting to invest. First, timing is hard in the stock market.
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